Recruitment referral bonus scheme policy template
Our Recruitment Referral Bonus Scheme Policy Template outlines the guidelines and procedures for employees to refer qualified candidates for open positions within the company, offering incentives for successful hires.
- Includes Recruitment referral bonus scheme policy template, plus 12 months’ access with all updates provided free of charge and notified to you.
- UK-specific accuracy.
- 398 words over 2 pages.
- Last updated 24/09/2022.
- Format: Word / plain text / email.
- Delivery: Instant download after purchase (no physical item).
- Access: Download link shown here after checkout.
- This Recruitment referral bonus scheme policy template will SAVE you up to 1 hour drafting & research. Save cost. Reduce risk.
Recruitment referral bonus scheme policy
1 Introduction
1.1 If all conditions of this policy are met, [Company] will give an introduction bonus of [amount] to any employee who introduces a job candidate who is later hired by the company as a result of that introduction.
1.2 Each new hire will only be eligible for one introduction incentive. The employee whose name is submitted first in accordance with protocol will get the introduction bonus if more than one eligible employee references the same successful job application.
1.3 Tax and national insurance deductions are applicable to the introduction bonus.
1.4 An employee is free to recommend as many people as they like. [Any referral must, however, be in relation to a specific vacancy.]
2 Terms and conditions
The following requirements must be met in
This is a 30% preview of the Recruitment referral bonus scheme policy template. For instant full access, purchase this item or a parent bundle.
Recruitment referral bonus scheme policy template purpose
This Recruitment referral bonus scheme policy template aims to offer you a versatile and customisable tool, serving as a solid foundation for your needs. Utilise it to ensure consistency, enhance accuracy, and save valuable time.
Adapt it to suit your unique requirements, ensuring efficiency and effectiveness in your HR processes.
Practical application of a Recruitment referral bonus scheme policy template
- Issue the Recruitment referral bonus scheme policy template during onboarding / after changes / planned refresher.
- Send it to appropriate internal recipients such as employees, workers, contractors etc. and request confirmation that is has been read and understood.
Frequently Asked Questions about a Recruitment referral bonus scheme policy template
Frequently Asked Questions about a Recruitment referral bonus scheme policy template
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Can I use the Recruitment referral bonus scheme policy template in my small business?
Yes. The Recruitment referral bonus scheme policy template is designed to be flexible and suitable for organisations of all sizes, including small businesses and charities. It follows UK employment law best practice, so even if you don't have an in-house HR team, you can confidently apply it.
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Is the Recruitment referral bonus scheme policy template compliant with 2026 UK employment law?
Absolutely. Like the Recruitment referral bonus scheme policy template, all of our templates are drafted with the latest ACAS guidance and UK employment legislation in mind. We review and update them regularly, so you can be confident they remain compliant.
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Can I customise the Recruitment referral bonus scheme policy template for my organisation?
Yes, we highlight the areas of the Recruitment referral bonus scheme policy template that you need to update with your own details, and where you need to make decisions to suit your situation. This saves you time and ensures that you meet best practice.
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Do I get instant access to the Recruitment referral bonus scheme policy template?
Yes. Once purchased, you'll be able to download the Recruitment referral bonus scheme policy template instantly. Templates are provided in editable Word or Excel format so you can customise them easily, and in PDF format for easy sharing.
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What if I need more help, not just a Recruitment referral bonus scheme policy template?
If you're looking for broader support, we also offer toolkits and library bundles that include the Recruitment referral bonus scheme policy template, along with other HR templates and policies for fully managing your situation. These may be more cost-effective if you need deeper advice.
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Why should I use this Recruitment referral bonus scheme policy template, and not AI to generate it?
The risk of using a free AI-generated template 'without review' includes your legal exposure, missing context, and no awareness of the wider process, whereas purchasing the Recruitment referral bonus scheme policy template from us mitigates that risk.
